Under a health plan, the amounts paid to health care providers.
Insurance Encyclopedia
Paid Claims for Health
Amounts paid to providers based on the health plan.
Paid Claims Loss Ratio
Paid claims divided by total premiums.
Paid claims loss ratio (Health Insurance)
A ratio calculated as paid claims divided by total premiums.
Paid for
Insurance for which the premium has been paid.
Paid in Capital
The amount paid for the stock sold by a corporation.
Paid in Surplus
Surplus paid in by stockholders, as contrasted with surplus earned through the operations of a business.
Paid losses
US: Losses and allocated loss adjustment expenses (ALAE) paid to claimants during a financial reporting period.
***
The amount paid out in losses during a particular time frame.
***
The losses paid as of the valuation date for claims covered by a policy or group of policies attributable to a specific coverage period provided by the policy or policies. (02) Claim amounts paid during a specific calendar year (or period).
***
The losses that have been paid for a claim.
Paid losses or claims
The total amount of losses or claims that have been settled during a given period (before adjusting for outstanding claims).
Paid-Loss Retro Plan
Retrospective rating plan, most typically used from workers compensation or other liability Insurance, under which the deposit premium the insured pay at the beginning or a Policy period is adjusted at the end of that period to reflect insured losses paid during that period (not the losses incurred during the period). See Also: “Retrospective rating.”